> For the complete documentation index, see [llms.txt](https://spaceai-finance.gitbook.io/spaceai-finance-whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://spaceai-finance.gitbook.io/spaceai-finance-whitepaper/about-us/product/ai-swap-dex.md).

# AI Swap - DEX

## AI Swap: Decentralized Exchange (DEX)

 A decentralized exchange (DEX) is a peer-to-peer (P2P) marketplace that connects cryptocurrency buyers and sellers. In contrast to centralized exchanges (CCEs), decentralized platforms are non-custodial, meaning that a user remains in control of their private keys when transacting on a DEX

platform. Everyone can trade easily and anonymously. You can trade 24/7 with a small fee as fast as possible while by DEX you can even launch your exchange and every user's money will be in their hand. The transactions are highly secure and wallet-to-wallet. Also, third parties can't access your data. With our decentralized exchange, all third parties are eliminated and everything is established on the blockchain, thereby helping people gain a better trading experience.

 ·     Swap in DEX is a peer-to-peer marketplace where transactions occur directly between crypto traders.

·     DEXs fulfill one of crypto’s core possibilities: fostering financial transactions that aren’t officiated by banks, brokers, payment processors, or any other kind of intermediary.

·     Unlike centralized exchanges like Coinbase, DEXs don’t allow for exchanges between fiat and crypto — instead, they exclusively trade cryptocurrency tokens for other cryptocurrency tokens. 


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